Ex-post-facto approval to capital infusion made in Export Import Bank of India (EXIM BANK)

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....x-post-facto approval to capital infusion made in Export Import Bank of India (EXIM BANK) <br>News and Press Release<br>Dated:- 9-9-2015<br><BR>The Union Cabinet chaired by the Prime Minister, Shri Na....

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....rendra Modi, today gave its ex-post-facto approval to the capital infusion made in the Export Import Bank of India (EXIM Bank) of &#8377; 800 crore, as approved in the Demands for Grants and consented....

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.... to by the Finance Minister to support the future growth of the Bank. Background: The EXIM Bank was set up as a statutory Corporation in 1982 under the Export Import Bank of India Act, 1981 for prov....

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....iding financial assistance to exporters and importers, and for functioning as principal financial institution for coordinating the working of institutions, engaged in financing export and import of go....

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....ods and services. This was with a view to promote the country&#39;s international trade and matters connected therewith or incidental thereto.<BR> News - Press release - PIB....